SUMMARY

• Accomplished financial professional with 20+ years of experience in finance, in which 19 years are in mortgage underwriting. DE, LAPP and Jumbo Underwriter
• Strong oral and written communication skills. Able to develop and maintain in - depth analysis of financial results and make recommendations.
• Strong critical thinking ability. Capacity to understand and connect day to day operating strategies with longer term operation strategies.
• Analytical problem solver, and excellent attention to details.
• A self-starter who demonstrates a strong sense of urgency with great problem-solving, organization skills and ability to multi-task high volumes pipelines
• Proficiency in mortgage AUS systems (DU, LP, CLUES, Cash, Salesforce, Calyx Point, UniFi, Encompass, Empower) and manual underwriting.

PROFESSIONAL EXPERIENCE

Confidential, Sterling VA

Sr. Mortgage Underwriter

Responsibilities:

• Underwrite CONV/FHA/VA/USDA loans according to agency and investor guidelines
• Analyze mortgage loan files, which includes customer’s application, income documentation, financial statements, and credit report to ensure compliance with the company's policies, as well as, state and federal regulations.
• Reviewing title and appraisal to ensure both the property value is supported and the title meets agency requirements
• Expert on construction loans with Toll Brothers, including review of builder’s insurance certificates
• Review more complex loans, including but not limited to self-employed borrowers. Analyze business tax returns and calculate qualifying income.
• Underwrite self-employed borrowers, tax returns, business returns, with accuracy
• Underwrote FHA, VA, IRRRLs, Jumbo, and Conventional loan applications ensuring adherence to company, agency and investor guidelines.
• Analyzed mortgage loan files to include income and asset documentation, credit reports, and required disclosures to ensure compliance with applicable Federal and state regulations, and company policies.
• Underwrote the financial strength of an individual, including the analysis of personal financial statements and personal/corporate tax returns.
• Strong knowledge of loan structuring with ability to balance bank objectives and borrower expectations.
• Reviewed Fannie Mae mortgage loans in accordance with underwriting and investor guidelines.
• Capacity and collateral, including investigating red flags, to determine investment quality and alignment with credit philosophy
• Research and analyze loan information: Make sound judgment as the result of efficient research and analysis.

Confidential, Alexandria VA

Quality Control Analyst

Responsibilities:

• Complete full quality review of residential mortgage loans to measure and improve the accuracy and TEMPeffectiveness of processes.
• Reviews and analyzes cause of errors within each phase of the lending environment including but not limited to Intake, processing, underwriting, closing, post-closing, and appraisals.
• Prepares reports of findings explaining errors and citing appropriate defects dat do not align with internal policies, investor guidelines, compliance or applicable regulations.
• Participates in review of policies and procedures to provide the department with information for continuous quality improvement.
• Practices on-the-job quality improvement by leading, facilitating, or participating in quality improvement meetings.
• Analyze, interpret and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae/Freddie Mac)
• Conduct detailed economic and demographic research to determine feasibility of transactions
• Prepare and present comprehensive loan approval package
• Develop and maintain strong relationships with origination and closing departments as well as processing department
• Using independent judgment to identify risks by analyzing title reports for any abstracts, liens, judgments, and checking for chain of title.
• Interacted and establish relationship with trustees to obtain deal information and ensure dat our requests, as an investor, are handled and met promptly
• Reviewed Prime & Alt-A mortgage loans in accordance with underwriting and investor guidelines
• Gathered and interpreted performance metrics of specific RMBS such as loss expectations, deal delinquency data, etc.
• Experience reviewing complex financial statements and income documentation
• Researched and analyzed loan information in order to make sound judgment it is a qualified loan
• Authorized counterparty credit reviews by analyzing financial statements, monitoring news and industry research, and conducting due diligence meetings.
• Established counterparty credit limits. Established and managed counterparty credit limits. Provided research on industry trends potentially impacting credit ratings and financial health.
• Analyzed business transactions. Assessed and quantified the impact of business transactions on counterparty exposure.
• Examined risk elements of proposed deal: purchase, or existing relationship with a client and make recommendations to management regarding continuing to closure, or additional credit enhancements needed to make deal more acceptable
• Processed daily settlement cash flows for derivative transactions. Handled the derivative and the value of the exchange for the agreement, repo, and the repurchase agreement for securities.

Confidential, Bethesda, MD

Sr. Quality Assurance Manager

Responsibilities:

• Analyzed customer and product category trends, determined business priority and halped define strategic choices in product line assortment, new product introduction, pricing, promotion, and shelf position. Conducted data analysis, skip tracing, and analyzed credit reports.
• Handled consumer real estate loans: Established relationships with trustees to receive optimum information to make good investments. Reviewed Fannie Mae and Freddie Mac mortgage loans in accordance with underwriting and investor guidelines.
• Gathered performance metrics: Interpreted performance metrics of specific RMBS. Reviewed complex financial statements and income documentation.
• Researched and analyzed loan information: Made sound judgment as the result of efficient research and analysis. Processed daily settlement cash flows for derivative transactions. Handled the derivative and the value of the exchange for the agreement, repo, and the repurchase agreement for securities.
• Critical to the mortgage process. Approved or denied loans. Prepared a carefully detailed analysis of the loan package to determine if a potential borrower presented an appropriate level of risk.
• Reviewed financial documents: TEMPEffectively reviewed credit reports, preliminary title reports, loan-to-value ratios, escrow instructions, appraisals and applications. Ensured loans met company standards for sale into the secondary market.
• Assessed risks: Assessed risks, income and credit analysis and comprehensive document review.
• Approved loans: Successfully evaluated, approved and underwrote complex conventional loans. Ensured strict compliance with federal and local laws. Served as an expert on fixed-income security.
• Reviewed Fannie Mae and Freddie Mace documents: Ensured accuracy and compliance with Fannie Mae and Freddie Mac and industry standards when examining loan documentation.